Form 8859 District of Columbia First-Time Homebuyer Credit

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Form

8859

District of Columbia First-Time
Homebuyer Credit

Department of the Treasury
Internal Revenue Service
Name(s) shown on return

© Attach

OMB No. 1545-0074

2009

Attachment
Sequence No. 106
Your social security number

to Form 1040 or Form 1040NR.

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Before You Begin:
● If you purchased your home after December 31, 2008, and before December 1, 2009, you may be able to take the refundable
first-time homebuyer credit figured on Form 5405. If you qualify for that credit, you cannot take the District of Columbia first-time
homebuyer credit.
● Do not complete Parts I and II if you only have a credit carryforward from 2008.

Part I
A

General Information

Address of home qualifying for the credit (if different from the address shown on return)

Information from
settlement statement
or deed

Part II

©

B Lot number

Tentative Credit

C Square number

D Settlement or closing date

1

Enter $5,000 ($2,500 if married filing separately). If the purchase price of the home was less than
$5,000, enter the purchase price (one-half of the purchase price if married filing separately). If
someone other than a spouse also held an interest in the home, enter only your share of the
$5,000 (or, if smaller, your share of the purchase price) (see instructions) . . . . . . . .

2

Enter your modified adjusted gross income (see instructions) .

3

Is line 2 more than $70,000 ($110,000 if married filing jointly)?
No.

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Enter the amount from Form 1040, line 46, or Form 1040NR, line 43 . . . . . . . . .
1040 filers: Enter the total of any amounts from Form 1040, lines 47 through 50; line
12 of the line 11 worksheet in Pub. 972 (see instructions); Form 5695, line 11;
Form 8396, line 11; Form 8834, line 22; Form 8839, line 18; Form 8910, line 21;
Form 8936, line 14; and Schedule R (Form 1040A or 1040), line 24.

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Credit Carryforward From 2008

Enter the amount from line 12 of your 2008 Form 8859 .

Part IV
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Skip lines 3 through 5 and enter the amount from line 1 on line 6.

Yes. Subtract $70,000 ($110,000 if married filing jointly) from the
amount on line 2 and enter the result . . . . . . . .
3
Divide line 3 by $20,000 and enter the result as a decimal (rounded to at least
not enter more than 1.000 . . . . . . . . . . . . . . . . .
Multiply line 1 by line 4 . . . . . . . . . . . . . . . . . .
Subtract line 5 from line 1. This is your tentative credit
. . . . . . .

Part III
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Tax Liability Limit

%

1040NR filers: Enter the total of any amounts from Form 1040NR, lines 44 through 46;
line 12 of the line 11 worksheet in Pub. 972 (see instructions); Form 5695, line
11; Form 8396, line 11; Form 8834, line 22; Form 8839, line 18; Form 8910,
line 21; and Form 8936, line 14 . . . . . . . . . . . . . . .
Subtract line 9 from line 8. If zero or less, enter -0- here and on line 11 and go to line 12 . . .
Current year credit. If you completed Part II, enter the smaller of line 6 or line 10. If you
completed Part III, enter the smaller of line 7 or line 10. Also include this amount on Form 1040,
line 53, or Form 1040NR, line 49. Check box c on that line and enter “8859” in the space next to
that box . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Credit carryforward to 2010. Subtract line 11 from line 6 or line 7, whichever applies . . .

For Paperwork Reduction Act Notice, see back of form.

Cat. No. 24779G

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Form 8859 (2009)